Glazer finally wrestles control of Old Trafford

US sports tycoon Malcolm Glazer today seized control of Manchester United after persuading its biggest investor to back his £790.3m (€1.15bn) takeover bid.

US sports tycoon Malcolm Glazer today seized control of Manchester United after persuading its biggest investor to back his £790.3m (€1.15bn) takeover bid.

Mr Glazer will now make a formal offer for the rest of the club’s shares after paying 300p a share for the 28.7% stake held by the Cubic Expression vehicle of Irish racing tycoons JP McManus and John Magnier, which gave him almost 57% of the Premiership club.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

More in this section

Sport

Newsletter

Sign up to our daily sports bulletin, delivered straight to your inbox at 5pm. Subscribers also receive an exclusive email from our sports desk editors every Friday evening looking forward to the weekend's sporting action.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited